Whale Machi Big Brother Loses $26M on High-Leverage Positions

Crypto trader Machi Big Brother has suffered another round of losses. This happened after his leveraged trades moved against him. On-chain data shows he faced more partial liquidations on his long positions in ETH and HYPE. The positions used very high leverage. ETH was set at 25x and HYPE at 10x. As a result, his total losses now stand above $26 million.

The activity was first spotted by on-chain trackers. They showed funds moving and positions being reduced by force. Even after this latest hit, Machi Big Brother still keeps the positions open. That means the risk is still there. If prices drop again more liquidations could follow.

Partial Liquidations Hit Again

This is not the first time Machi Big Brother has faced this problem. In fact, he has been liquidated many times before. Recent data shows he has now crossed more than 250 liquidations in total. That has earned him an unofficial nickname among traders. Many now call him the “King of Liquidations.” 

He is using the same strategy, keeping opening large long positions with high leverage. When the market moves down, exchanges close part of their trades to protect their funds. This process locks in losses as each time this happens his balance shrinks more. Despite this, Machi Big Brother continues trading. After a near wipeout recently, he added fresh funds. Then, reopened the same type of trades. But again, he went long on ETH and HYPE with maximum leverage. This pattern shows that he is willing to take extreme risks to recover losses.

High Leverage and High Risk

Leverage allows traders to handle large positions with small funds. But it also makes things risky. A position can be wiped out by a slight dip in the price. This has often happened for Machi Big Brother. HYPE and ETH are both volatile. High leverage becomes deadly when prices fluctuate quickly. Even a tiny dip can result in liquidations. That is what happened this time.

On-chain data shows Machi’s account lost value as prices moved against him. Each partial liquidation closed part of his trade. This reduced his exposure but locked in losses. With time, these losses added up to more than $26 million.

Market Reaction and Community Views

Traders on social media reacted quickly. Some joked about his streak of liquidations, while others warned about the danger of copy trading or using similar strategies. Many traders said his story shows what happens when risk is ignored. Some users also pointed out that this behavior can affect the wider market. Large forced liquidations can add selling pressure. This can push prices down even more. In turn, this can trigger more liquidations from other traders.

Currently, Machi Big Brother still holds his leveraged positions which means the story is not over. If the market turns in his favor, he could recover part of the loss. But if prices fall again, the damage could grow. This case is another reminder of how risky leverage trading can be. Big wins are possible but so are very big losses.

The post Whale Machi Big Brother Loses $26M on High-Leverage Positions appeared first on Coinfomania.